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Crypto Miner CleanSpark Extends Bear-Market Strategy, Buying 20K of Bitmain's Newest Rigs
16.2.2023
The new Bitmain Antminer S19j Pro+ will add 37% to CleanSpark's computing power
Daily Raids on Crypto Farms as Abkhazia Intensifies Mining Crackdown
12.2.2023
Authorities in Abkhazia are stepping up efforts to clamp down on cryptocurrency mining amid electricity shortages in the winter months. The government of the breakaway Georgian region announced it’s also taking measures to prevent imports of mining equipment. Abkhazia Creates Headquarters to Combat...
Binance to Support Georgia’s Crypto Industry Through Blockchain Education
5.2.2023
Digital asset exchange Binance has agreed to help Georgia to develop its cryptocurrency sector by launching educational and other blockchain initiatives. The leading coin trading platform has been expanding its presence in the region with similar projects in other countries. Binance and Georgian...
Bitcoin miner CleanSpark expands operations in Georgia
19.1.2023
Some BTC miners have declared bankruptcy or sought financial aid to stay afloat. Others are finding unique ways to grow amid the bear market
Bitcoin Miner CleanSpark Builds 50MW Additional Mining Capacity at Georgia Site
19.1.2023
The mining firm will increase its computing power by 25% to 34% after the site goes online
Georgia Prepares to Launch Digital Lari Pilot in First Half of 2023
17.1.2023
The central bank of Georgia intends to publish a document detailing the concept of a national digital currency in the coming months. Other participating parties will use it to finalize their proposals for the pilot which the monetary authority plans to initiate in the first half of the year....
Bitcoin Miner Cleanspark Completes Sandersville Facility Acquisition, Firm’s Hashrate Now 4.7 Exahash
12.10.2022
On October 11, the publicly-listed bitcoin miner Cleanspark announced that it has completed the acquisition of Mawson Infrastructure Group’s Georgia-based bitcoin mining facility. Following the acquisition, Cleanspark says it now manages 220 megawatts (MW) of bitcoin miners with a hashrate...
Bitcoin Mining Expansion Heats Up: Crypto Miner Secures Underground Bunker, Cleanspark Snags Turnkey Mining Site
11.9.2022
Bitcoin mining operations continue to truck on through the crypto winter as a number of miners have revealed expansion plans during the last week. Following the acquisition of 10,000 ASIC Antminers, Cleanspark revealed it acquired a turnkey bitcoin mining facility from Mawson Infrastructure....
CleanSpark acquires mining facility in Georgia for $33 million
9.9.2022
This is the second deal the company announced this week citing "substantially discounted price."
Bitcoin Miner CleanSpark to Buy Mawson’s Georgia Mining Facility, Rigs for Up to $42.5M
9.9.2022
The deal has potential to increase CleanSpark’s hashrate to 5.2 EH/s by the year-end, exceeding the company’s previous guidance
Study Identifies the Top 10 States in America Most Interested in Bitcoin, Ethereum
5.9.2022
On September 2, the crypto market aggregation web portal Coingecko.com published a study that identifies the top ten states in America that are most interested in the two leading digital currencies, bitcoin and ethereum. The team leveraged Coingecko’s page traffic data and found that...
Georgia Follows EU’s Crypto Regulation Lead, Hopes to Become a ‘Hub’ for the Sector
2.9.2022
Georgia’s government is taking steps to update its crypto regulation in line with the European Union – and hopes that the move will help this country at the intersection of Europe and Asia become a “hub” for the global industry.
Per iXBT and News Georgia, the nation’s Deputy Prime Minister...
Coinbase Mispricing Allows Users in Georgia to Cash Out for 100 Times Rate
2.9.2022
Coinbase users in the Eastern European country of Georgia were able to withdraw their holdings for 100 times the exchange rate, pocketing thousands of dollars in profit
Georgia to Update Crypto Regulations to Incorporate EU Rules, Legalize Industry
1.9.2022
The government of Georgia has approved amendments to the legal framework for the Caucasian nation’s financial sector, including additional regulations for crypto and fintech activities. The move aims to align Georgian law with relevant EU provisions. Parliament of Georgia to Vote on Crypto...
Bitcoin Mining Middleman Compass' Georgia Facilities to Close as Energy Prices Soar
1.9.2022
The company is offering to move approximately 5,000 machines to Texas
Georgia aims to adopt European crypto standards for Anti-Money Laundering
31.8.2022
One of the most crypto-friendly countries in the world wants to synchronize its crypto regulations with associated rules in the European Union
Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of Capacity
10.8.2022
On Tuesday, the bitcoin mining company Cleanspark announced it acquired a plug-in-ready bitcoin mining facility that is scalable to 86 megawatts (MW) of capacity. Presently, the newly opened site in Washington, Georgia, has 36 megawatts, which is expected to give Cleanspark’s hashrate a...
Bitcoin Miner CleanSpark Buys 36MW Facility and 3,400 Machines in Georgia for $25.1M
9.8.2022
The Las Vegas miner continues to snatch up opportunities in a market ripe for mergers and acquisitions
Our Favorite Cosplay From MomoCon 2022
17.6.2022
The 2022 edition of MomoCon was held a couple of weeks ago in Atlanta at the Georgia World Congress Center. MomoCon is neat because not only is it a big nerd show in general (over 40,000 people attended this year’s event), with cosplay and merch and celebrities, but there’s also a major gaming...
Dubai Couple Ties the Knot in the Metaverse
20.5.2022
A Dubai based couple has decided to be wed in the metaverse after legal problems stemming from their nationalities initially forced them to tie the knot in Georgia in 2019. After the wedding, the couple said they will use their own experience to help others get married in the metaverse as well....